Category: Crypto

In 2024, the crypto market is going to be dancing to the tune of the response to the spot Bitcoin ETF approval. The January 10 deadline will either act as a bullish catalyst to Bitcoin price and other crypto assets or result in an unprecedented crash. However, who will command this price action will depend on who makes the cut before the new year.

Ripple has partially won the war against the Securities and Exchange Commission (SEC), but the sourness is still prevalent. While the SEC Chair attempts to place the regulatory body in a good light, the payment processor’s CEO seems dedicated to exposing the Commission’s hypocrisy.

Ripple CEO shared the cross-border payment remittance firm’s decision to fund the Political Action Committees backed by crypto companies in the US. Brad Garlinghouse said that Ripple is putting a stake in the ground and intends to support pro-crypto candidates to drive the country towards responsible crypto regulation.

The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after “careful” consideration, the SEC said no.

Crypto Price Prediction: With the current indecisiveness in the crypto market, the altcoin provides a pullback opportunity.

Bitcoin’s (BTC) recent positive price movement has put most holders in the green, according to blockchain analytics firm IntoTheBlock. Over 80% of Bitcoin holders are currently in profit, marking the highest profitability level since December 2021.

Cathie Wood’s ARK has been actively accumulating shares of SoFi, which announced plans to terminate crypto services by the end of 2023.

Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto

New York releases new rules for crypto exchange listings

XRP price to maintain bullish momentum, analyst predicts